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Terry McCrann

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Terry McCrann

Iron ore horror story

The plunge in iron ore prices may be good news for the world but not in Australia where sustained low prices will have a devastating impact on the economy.

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Business
Alan Joyce, chief executive officer of Qantas Airways Ltd., speaks during a news conference in Sydney, Australia, on Thursday, Feb. 23, 2023. Qantas shares fell the most in almost eight months as the airline flagged higher-than-expected spending on planes in an an immediate attempt to cope with the rapid rebound in passenger growth. Photographer: Brendon Thorne/Bloomberg via Getty Images

Joyce gets a bum rap again

Former Qantas boss Alan Joyce has had his pay docked for some of his actions during Covid, but what about the politicians who caused far greater destruction?

Business
SYDNEY, AUSTRALIA - NewsWire Photos JUNE 18, 2024: Reserve Bank Governor Michele Bullock during a press conference following Tuesdays decision to keep interest rates on hold. Picture: NewsWire / Nikki Short

Only one option for RBA

Wednesday’s inflation data has left the RBA with some thinking to do ahead of next week’s meeting, but for me the decision is clear.

Business
Adelaide, Australia - REX (Regional Express Airlines) Saab 340 twin engined regional commuter aircraft taking off from Adelaide Airport.Escape 15 October 2023Doc HolidayPhoto - iStock

Rex is no Bonza: yet

Can Rex be saved? Or is going to follow Bonza onto the – pretty crowded – scrap heap of Australian aviation dreams?

Original URL: https://www.couriermail.com.au/business/terry-mccrann/page/2